RDA Reso 2001-011 - Laserfiche WebLink

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VI. ELIMINATION OF BLIGHT The Yokota property is located on Marina Boulevard between Alvarado Street and San Leandro Boulevard, centrally located within the city portion of the Joint Project Area. All of the property that comprises the Site is currently used as a commercial nursery including buildings that are scheduled to be demolished according the DDA. The Site suffers from poor visibility and access. It is separated from San Leandro Boulevard, a major thoroughfare, by the elevated BART train tracks, and bordered on the west by at-grade Union Pacific Railroad tracks. It is not visible from Interstate 880, and thus presents little incentive for major investment. The combination of site isolation, poor visibility, and multiple parcel assembly renders significant challenges for its successful development. The City and County, which established the Joint Project in 1993 to address problems of blight such as those mentioned above, have recognized these challenges. The City and County are aware that blight refers to physical, economic, and social conditions, as well as inadequate public improvements, which impair private investment in the Project Area and burden the community at large. Specifically in the Five-Year Implementation Plan (FY1999/00-FY2003/04), the City and County have both established economic revitalization goals with objectives which include: improving public area streetscape and infrastructure; developing vacant land for uses that support other development; and assisting with land assembly where needed to ensure timely redevelopment. The San Leandro Redevelopment Agency has been actively involved on several fronts to instigate the revitalization of the Joint Project Area, particularly around the project Site. Currently, the Agency is in the process of widening the right of way of Marina Boulevard, on which the Site fronts. Furthermore, the Agency selected the Developer to develop the Site as an automobile dealership. Thus, the Agency is entering into this agreement as the next logical step to .achieve its objectives of removing blight, stimulating private investment and invigorating commercial activity in the Joint Project Area. Conley Consulting Group Page 9 of 10 9-9 Volvo Lavery 33433 10200.003 v5 September, 2001